While the Securities and Exchange Commission has revised its enforcement stance on several issues during the Trump administration, its focus on public company accounting fraud will likely persist.

In an article published in Law360, Pillsbury partners David Oliwenstein and Davina Kaile and senior associate Andrew Wiktor, discuss the Chairman Atkins-led SEC’s expectations regarding financial reporting, and they provide suggestions on how public company officers, audit committee members and external auditors (who may also become the focus of an SEC investigation) can mitigate risk.

Specifically, the co-authors discuss concrete recommendations to both prevent and detect potential accounting issues—including through the use of emerging technology, such as artificial intelligence—and they provide suggestions for how companies should respond to any indicia of potential accounting misconduct.

Click here to read the full article.